Minister Morneau Announces Appointment to the Canada Deposit Insurance Corporation Board of Directors
"I wish to congratulate Mr. Castonguay on his appointment to the Board of the Canada Deposit Insurance Corporation. His extensive experience working with deposit-taking institutions and the financial sector in general will bring a valuable perspective to CDIC's Board as it supports CDIC in its role of insuring the savings of hard-working Canadians."
- Bill Morneau, Minister of Finance
The Canada Deposit Insurance Corporation, a federal Crown corporation, contributes to the stability of the Canadian financial system by providing deposit insurance against the loss of eligible deposits at member institutions.
The CDIC Board of Directors includes a Chairperson, five private sector directors who bring practical experience from the business world, and five public sector directors who provide knowledge of the financial, supervisory and regulatory environment in which CDIC operates.
Media may contact:
Director of Media Relations
Office of the Minister of Finance
Department of Finance Canada
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